Ann: Way2VAT lists on ASX following over-subscribed IPO, page-69

I don't know why we keep comparing with Z2U. Yes, they're a recent IPO, but they are a completely different business. Making the comparison weakens sentiment, IMO, because it gives the impression people are buying simply because it's a recent IPO.

I think today was a great day to buy. The RED market will hold people back from jumping in, regardless of if they intend to hold short or long term, but the flippers and traders still want to get out. Plus there are many other buying opportunities around for potential overnight rebounds (over the next few days).

I think it's a strong sign that we're hovering just under 30, even with the wider losses. I would expect to see some movement to mid 30's later in the week; if it gains attention then we could see much higher, but that's where I'm setting my expectations. Like I said, I'd rather see a strong but sustainable rise, plus I think it's still under the radar at the moment.